Julie Morgan

APLD is down 5%, even as the company reported a blowout 139% year-over-year revenue surge.

However, the bottom line was weighed down by a more than $100 million net loss, largely linked to its cloud services spinoff.

And a few items on today's economic calendar, all at 8.30 a.m.

GDP, jobless claims, and personal income and outlays.

That's it for today's Wall Street Breakfast.

Thanks for listening.

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I'm your host, Julie Morgan.

Go out and make it a great day.

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be with you on this Wednesday, the 8th of April.

I'm Julie Morgan.

Stock index futures are higher.

President Trump agreed to suspend the bombing of Iran for two weeks, subject to the opening of the Strait of Hormuz.

As of the time of this recording, S&P 500 futures jumped 2.7%.

Nasdaq futures soared 3.4%, and Dow futures advanced 2.4%.

Of course, everyone has an eye on oil.

Crude oil is down 15% at $95, and Brent crude is down 13% at $94.

In the world markets, the FTSE 100 is up 2.3%, and the DAX is up 4.7%.